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Bitcoin Dumped Sharply After Retesting $20K: Crypto Markets Shed $60B (Market Watch)

The price of bitcoin headed straight south after briefly exceeding $20,000 on the highest trading volumes recorded for the past several months. The alternative coins, which were riding high yesterday,…

Continue ReadingBitcoin Dumped Sharply After Retesting $20K: Crypto Markets Shed $60B (Market Watch)

Bitcoin Trading Volume Explodes Against British Pound as Currency Weakens

As the British pound rapidly weakens against the U.S. dollar, trading volume for the BTC/GBP pair has been skyrocketing.  Data from Bitfinex and Bitstamp shows that volume was more than…

Continue ReadingBitcoin Trading Volume Explodes Against British Pound as Currency Weakens

Bitcoin Heading Towards Full Detox of Speculative Interest: Glassnode

Bitcoin’s push above the coveted psychological $20,000-level came after nearly 10% gains over the past 24 hours. This was followed by a mass profit-taking session as traders anticipating the threshold…

Continue ReadingBitcoin Heading Towards Full Detox of Speculative Interest: Glassnode

Terra Classic Plunges 13% on Do Kwon News, Bitcoin Struggles at $19K (Market Watch)

The price of bitcoin continues to struggle at around $19,000, with another dip below that level earlier today. Most altcoins are slightly in the red on a daily scale. Terra…

Continue ReadingTerra Classic Plunges 13% on Do Kwon News, Bitcoin Struggles at $19K (Market Watch)